Guess What? JPMorgan

[bitcoineverything]

"Guess what? JPMorgan became the biggest buyer of bitcoin on September 15, 2017"

Breaking News: "PEEK A BOO JPMorgan, I see you!"

[bsblguy12]

Ha! Unbelievable. Talk about fraud...

[romani245]

Ha! Unbelievable. Talk about fraud...

It's funny because we're all thinking the same thing: Jamie Dimon is shady as hell and was making sure that Chase could get in cheap! But at the same time, we all know that Bitcoin and other cryptocurrencies aren't securities. They don't pass the Howey Test. They have no "issuer." Insider trading applies to a public company's stock or other securities (like bonds or stock options).

So there was no crime here, even though we all know that's effectively what happened. He knew what kind of effect his words could have. And very few people knew what he was going to say that day.

[RoommateAgreement]

Ha! Unbelievable. Talk about fraud...

haha, what else should have we be expecting from a bankster who is looking for earning more fiat from the gullible people!
and they did it successfully thanks to the bitcoin weak hands who did a lot of panic selling down their bankster's pocket. now they are a big whale among us.

[TheGodson]

Is this for real? It wouldn't surprise me if it was. It actually is a pretty smart move for someone with so much influence. If I was in a similar position I would likely end up doing the same thing.

[ahmad21]

 

Ha! Unbelievable. Talk about fraud...

Haha he should resign from his own bank for that I think quite amusing to see how these big tycoons use their words to manipulate markets in their favour. This has began in crypto world too beware everybody.

[niterde]

Is someone going to sue Jamie Dimon and JPMorgan for misrepresentation?

[TheWalkingCoin]

And thats what happen when people has power and money at the same time, spreading fud to earn, marketing manipulation by the rich's.  It happen in every market with good margin.

[BenOnceAgain]

"Guess what? JPMorgan became the biggest buyer of bitcoin on September 15, 2017"

Breaking News: "PEEK A BOO JPMorgan, I see you!"

Say it ain't so, Jamie?  Lol

[LoyceV]

quite amusing to see how these big tycoons use their words to manipulate markets in their favour.

If this is true, it is clear market manipulation. That's nothing new to Bitcoin, but normally the manipulating parties are anonymous. Now they're known!

What is truely amazing though, is people dumping Bitcoin after a freaking banker tells them to! The whole idea of Bitcoin is against bankers, if you understand the smallest thing about Bitcoin, you'd know it doesn't matter one bit what a banker thinks about it.

I stopped believing a word bankers say in 2008. Bankers' interests are opposite of my own personal interests.

[Za1n]

This was my exact thoughts of what was going on when I first read about it, thinking he was secretly buying BTC the more he trashed talked it. Even if he didn't directly purchase it himself, the actions of his bank and daughter could still be considered knowingly taking advantage of his comments for profit.

[Jating]

Ha! Unbelievable. Talk about fraud...

It's funny because we're all thinking the same thing: Jamie Dimon is shady as hell and was making sure that Chase could get in cheap! But at the same time, we all know that Bitcoin and other cryptocurrencies aren't securities. They don't pass the Howey Test. They have no "issuer." Insider trading applies to a public company's stock or other securities (like bonds or stock options).

So there was no crime here, even though we all know that's effectively what happened. He knew what kind of effect his words could have. And very few people knew what he was going to say that day.

Exactly, as much as it is a fraudulent in nature, there is no crime. I guess he really took advantage of his influence to stir the market and when the buying point is good and all conditions meet, they started to buy massive volumes of bitcoin. Its total manipulation and deceitful on his part. Yeah, I agree it smart move for a personality who possesses so much leverage to the market.

[Asyifiah]

1 = http://fortune.com/2015/11/04/jamie-dimon-virtual-currency-bitcoin/ ( Jamie Dimon: Virtual Currency Will Be Stopped )
2 = https://www.cnbc.com/2017/09/12/jpmorgan-ceo-jamie-dimon-raises-flag-on-trading-revenue-sees-20-percent-fall-for-the-third-quarter.html ( JPMorgan CEO Jamie Dimon says bitcoin is a 'fraud' that will eventually blow up )
3 = https://www.forbes.com/sites/laurashin/2017/05/22/jpmorgan-chase-to-integrate-zcash-technology-to-its-enterprise-blockchain-platform/?c=0&s=trending#72682f397a33 ( JPMorgan Chase To Integrate Zcash Technology To Its Enterprise Blockchain Platform )

here we know who is the strongest in society , once JP Morgan said as in the news but look what has been done for some time now.
really funny this guy.
 

he just wants a low price to get bitcoin , but the way it was used was wrong. it only makes his image worse in public.
very funny indeed he made such a statement but clearly he has been caught the goal to where.

[SvenBomvolen]

Ha! Unbelievable. Talk about fraud...

Just few days ago I was commenting Dimon's words and position to bitcoin and as everyone of us know it was negative and he recommended to not invest in bitcoin (!). That is just ridiculous how much doube-faced he represented himself after such words and yesterday's investment. Now I know the whale who moved the prices for bitcoin up. But now I wander will the price continue it's raise after this huge and famouse investment?

[Vritesh]

J.P. Morgan's CEO is simply doing business at which he is really good. First of all he created panic among the people when he commented that "Bitcoin is fraud" and recommended people to not invest in Bitcoin which resulted in crashing of Bitcoin.After this he bought a large number of Bitcoins at very low price and made J.P.Morgan to become biggest buyer of Bitcoin so that they can eventually control this market. It was a very smart move by J.P. Morgan's CEO Jamie Dimon .

[Kemarit]

quite amusing to see how these big tycoons use their words to manipulate markets in their favour.

If this is true, it is clear market manipulation. That's nothing new to Bitcoin, but normally the manipulating parties are anonymous. Now they're known!

What is truely amazing though, is people dumping Bitcoin after a freaking banker tells them to! The whole idea of Bitcoin is against bankers, if you understand the smallest thing about Bitcoin, you'd know it doesn't matter one bit what a banker thinks about it.

I stopped believing a word bankers day in 2008. Bankers' interests are opposite of my own personal interests.

Exactly, we have uncovered just one whalers now. Good to know!!. That's why I'm questioning from the very beginning the timing of his statement. We are already bleeding from the China news then suddenly he comes out saying that bitcoin is fraud etc.. etc. And its funny how this bankers contradicts themselves. In front  they are anti bitcoin, but behind the scene something fishy is going on. So JPMorgan is one of the big entity here and I'm expecting that other big banks as well.

Ha! Unbelievable. Talk about fraud...

Just few days ago I was commenting Dimon's words and position to bitcoin and as everyone of us know it was negative and he recommended to not invest in bitcoin (!). That is just ridiculous how much doube-faced he represented himself after such words and yesterday's investment. Now I know the whale who moved the prices for bitcoin up. But now I wander will the price continue it's raise after this huge and famouse investment?

He/They are already exposed and in my opinion the price will continue to rise because investors by now know that Dimon is a double face and shady as other big bankers out there. They are all greedy and manipulate the price to get the upper hand in the market.

[Patatas]

And thats what happen when people has power and money at the same time, spreading fud to earn, marketing manipulation by the rich's.  It happen in every market with good margin.

That's how the rich manipulate the market since day of the Wall-Street trading.First they oppose,then they try to ban,later they buy it themselves ! I wonder where is rocket going to take us this time.To the moon ya go!

"Guess what? JPMorgan became the biggest buyer of bitcoin on September 15, 2017"

Breaking News: "PEEK A BOO JPMorgan, I see you!"

On a darker side,I'm getting nervous.What if such big financial organisations start buying big ? Will there be place for normal traders to even exist ?

[crismass1225]

Shame on him hahaha... I sense that it was a trick for them to buy more as Dimon knows how the business went thru. But honestly I really adore Dimon in terms of Financial management and trading. He is one of the big whales on the industry who really know how its work, when to buy and when to sell. But it is very frustrating that he put his self into bate to make a lot of profit. Just a sneaky move. Well bitcoin in going up and I am hoping that it will continue.

[Manuj]

I cannot be sure how true is this. But if it is, then I think the pronouncement of this JP Morgan about this fraud thing about bitcoin might only be some kind of a bait for weak people to let go of their bitcoins. This is one dirty strategy of this banker.

[sunsilk]

"Guess what? JPMorgan became the biggest buyer of bitcoin on September 15, 2017"

Breaking News: "PEEK A BOO JPMorgan, I see you!"

Haha I knew it, there is something that's going wrong when he said that bitcoin is a fraud. I wonder what McAfee's thinking right now after giving Dimon some advice with his interview on CNBC.

Dimon is market player and he knows how to make business in the market, giving some false information so that he can take the chance and advantage.

Later on, we'll see on the news that he's eating his words, "Sorry guys, bitcoin isn't a fraud. I just made my thousand bitcoin purchase when the price is low."